INEOS Styrolution to build a world-scale styrene monomer plant in the US Gulf Coast
Vasiliki Parapouli
28-Mar-2018
LONDON (ICIS)–INEOS Styrolution will commission an engineering study to build a world-scale styrene monomer (SM) plant in the US Gulf Coast, the company said on Wednesday.
The new SM plant will use best-in-class technology and benefit from access to low-cost feedstock and energy from shale gas as well as an excellent infrastructure. A specific location is yet to be defined, the announcement said.
Steve Harrington, president of global styrene monomer and Asia-Pacific, commented: “The new plant will complement our existing SM production facilities and provide a sustained competitive advantage to enable us to supply the global market.”
Kevin McQuade, CEO at INEOS Styrolution; “This plan supports our ‘Triple Shift’ growth strategy and maintains our leading position as a global styrenics supplier to our key customers and industries.”
Styrene is used to make polystyrene (PS) and acrylonitrile butadiene styrene (ABS). (Photo by Al Greenwood)
Global News + ICIS Chemical Business (ICB)
See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.
Contact us
Partnering with ICIS unlocks a vision of a future you can trust and achieve. We leverage our unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics.
Contact us to learn how we can support you as you transact today and plan for tomorrow.